Sharat Industries Ltd — Updates, 23-05-2025: Company Update

Sharat Industries has received 97.92% of the total amount from its Rights Issue, with call money largely collected after reminders. The Rights Issue Committee approved converting 14.46 lakh partly paid shares into fully paid shares, increasing the company’s paid-up capital to ₹39.02 Cr across 3.90 crore fully paid equity shares and 4.31 lakh partly paid shares. The company is completing listing and trading formalities for these converted shares, strengthening its equity base and improving shareholder value.